Matthew Morey

ACADEMIC AND PROFESSIONAL ENGAGEMENT ACTIVITIES

Professor Matthew R. Morey, Ph.D. I am full professor of finance and NYSE Research Scholar at Pace University. My research is in mutual funds, behavioral finance and emerging markets. I have been a professor at Pace since 2000. Before coming to Pace I taught at the University of California, Irvine, Fordham University and Smith College (all in economics). I have a Ph.D. in economics from the University of California, Irvine and a B.A. in economics from the University of North Carolina at Chapel Hill. I was a Fulbright Scholar to Bangladesh in 1993-1994 and worked for the U.S. State Department in Kuwait in 1989. My research has been published in the Journal of Financial and Quantitative Analysis, Financial Analysts Journal, Journal of Banking and Finance, Journal of International Money and Finance, The Journal of Corporate Finance, Journal of Empirical Finance, The Journal of Behavioral Finance, Omega, and the Journal of Financial Research (among many others) and has been cited in the New York Times, Wall Street Journal, Washington Post, CNBC and many other outlets. I have done consulting with TIAA-CREF and Alliance Bernstein. I primarily teach Introduction to Finance and Behavioral Finance and Economics.

SELECTED CONTRIBUTIONS & PUBLICATIONS

Gottesman, A., Morey, M. (2024). Income Inequality and Financial Overconfidence. The American Journal of Economics and Sociology. 84, 273-296.

Gottesman, A., Morey, M. (2024). Investor Confidence and Reaction to a Stock Market Crash. Journal of Behavioral Finance. 25(3), 374-388.

Baker, E., Braga Alves, M.V., Morey, M.R. (2022). Predicting Exchange Rate Changes Using Country ESG Ratings. Journal of Investment Consulting.

Baker, E.D., Boulton, T.J., Braga Alves, M.V., Morey, M.R. (2021). ESG Government Risk and International IPO Underpricing. Journal of Corporate Finance. Read More >>

Gottesman, A., Morey, M. (2021). The Argument for Bonds in Strategic Asset Allocation. The Journal of Wealth Management .

Gottesman, A., Morey, M. (2021). What Do Capture Ratios Really Capture in Mutual Fund Performance?. Journal of Investing.

Morey, M., Morais, M. (2020). Documentation of the File Drawer Problem at Finance Conferences: A Follow-Up Study. Journal of Investing. 20((6) October 2020), 86-89.

Gottesman, A., Morey, M. (2019). Mutual Fund Manager Educational Background and Activeness. Journal of Investing. 28(6), 128-139.

Guimaraes, P., Leal, R., Wanke, P., Morey, M. (2019). Shareholder Activism Impact on Efficiency in Brazil. Corporate Governance: An international journal of business in society. 19(1), 141-157.

Morey, M., Yadav, S. (2018). Documentation of the File Drawer Problem In Academic Finance Journals. Journal of Investing. 27(1 (Spring)), 143-147.

Sazhin, D., Morey, M.R. (2018). How We Contradict Ourselves: The Case of John Cochrane—Gliding and Behavioral Economics. American Economist. 63(1), 31-40. Read More >>

Gottesman, A., Morey, M. (2017). Active Share and Emerging Market Equity Funds. Journal of Investment Consulting. 18(1).

Gottesman, A., Morey, M. (2016). Getting What You Paid For: Using Mutual Fund Governance to Predict the Activeness of Mutual Funds. Journal of Investing. 25(1), 25-36.

Morey, M. (2015). Have Leading Textbooks Incorporated Recent Events?. Journal of Financial Education. Fall(2015), 11-30.

Morey, M. (2015). Predicting Mutual Fund Performance. In Kent Baker, Greg Filbeck, and Halil Kiymaz (Ed.), Mutual Funds and Exchange Traded funds: Building Blocks to Wealth. (pp. 349-363). Oxford: Oxford University Press. Read More >>

Gottesman, A., Morey, M., Rosenberg, M. (2013). Is there an Incentive for Active Retail Mutual Funds to Closet Index in Down Markets? Fund Performance and Subsequent Annual Fund Flows between 1997 and 2011. Journal of Investment Consulting. 14(2), 47-58. Read More >>

Gottesman, A., Morey, M. (2012). Does a Mutual Fund's Corporate Culture Predict Fund Performance?. Review Of Financial Economics. 2169-81.

Braga-Alves, M., Morey, M. (2012). Predicting Corporate Governance in Emerging Markets. Journal of International Money and Finance. 311414-1439.

Ismailescu, I., Morey, M. (2012). Redemption Fees and the Risk-Adjusted Performance of International Equity Mutual Funds. Journal of Investment Management. 10(3), 21-33.

Morey, M., Rosenberg, M. (2012). Using Annual Panel Data to Test the Monday effect. Journal of Applied Business Research. 28(4), 595-604.

Gottesman, A., Morey, M. (2010). CEO Educational Background and Firm Financial Performance. Journal of Applied Finance. 270-82.